NEW JERSEY RESOURCES CORP — Director's Dealing 2016

Jan 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2016-01-04

Reporting Person: CORRELL DONALD L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-04	Phantom Stock Units	$	A	2748	Acquired		Common Stock (2748.0)	Direct

Footnotes

F1: Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.

F2: The Phantom Stock Units represent director fees that are deferred pursuant to NJR Directors Deferred Compensation Plan and are to be paid in five equal annual payments in NJR Common Stock when Mr. Correll ceases to be a Director.

F3: Total reflects a two for one stock split on March 3, 2015.

F4: Total includes an accrual of 354.485 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.